Intraday Trading

[kthakker0]

08/11/2012 Thursday

Hi all,

Being a Gann Turning day NF not only opened below CP but has traded below it 5793 which is not good sign for further rally.

Tomorrow if NF trades below today's CP and / or 5740 it's a Sell call.

Today 5761-5766 has become the congestion level and will remain so for tomorrow as well.

Bye

 

[kthakker0]

08/11/2012 Thursday

Hi all,

Winter session of Parliament starts on 22/11/2012 an ends on 22/12/2012.

• Mamata to move No-Confidence Motion.
• Congress short of majority to pass any reforms in both the houses.
• Mud slinging over each other has become the norm of our Parliament as no one wants to get implicated when elections (Assembly and General) are round the corner.
• Corruption has taken the center stage and will be used heavily against each other.
• SP / BSP will have to weigh their options (Supporting Congress incase of No-Confidence Motion) very carefully so that they do not get vote out in the General Elections.
• The party who promise to make Lok Pal an Act will be at the greatest advantage and at the same time will hit the axe to some extent on his legs as well.
• Obama good / bad for India is a matter of waiting it out.

All the above calls for "No immediate Rally"

We will do what we are best at "Earning Every day" whether Rally / Belly.

Bye

 

[kthakker0]

09/11/2012 Friday

Hi all,

Todays range is 5782-5742 TS = 5766

As long as 5740 is held rally is still breathing

Bye

 

[kthakker0]

09/11/2012 Friday

Hi all.

Yesterday was the Gann Turning day and right from the start it gave a weak signal by opening below 07/11/2012 CP 5793 and infact NF close below 5793 without reaching it.

Today's open below 5765 was another signal to go short at 5782 (range high) for 5766 (congestion level) and trading below it confirmed the weak sentiments and seller were suppose to wait for 5742-40 level.

Breaching 5742 was another opportunity for those on sidelines to go for 5722-5704 levels.

Those who have followed the forecast will not only enjoy a Happy Week End but also a Happy Diwali.

Monday range is 5782-5704 with 5742 as TS. Go for higher levels between 5742-5782.

The market could be spooked again as Arvind came out with high profile names who has black money in geneva, all of whom have denied the allegations (Kis ki maut aayi hai jo bolaye ga, ha mera account hai hsbc kay geneva branch may, kay kar lay ga, jo karna hai kar lay)

Arvind has gone on record saying that our President (when FM) granted immunity to all the 700 people from prosecution under Income tax Act. No penalty. According to some media reports. All of them were let off after paying income tax only."

The above news has neither been made public nor confirmed / denied either by Congress or by Gov till now and if this news backfires it will do serious damage to Congress even Collateral (Shayad Rahul ki...)

Aur Pranab nay Vodafone kay Genuine Business Transaction ki penalty mar kar waat laga dee.

Congress motto "Shake Hands Under the Table warna..."

Congress kuch bhi kar aur karwa sakta hai. (Arvind) Bachke rehna re baba bach ke rehna re.... tujh pay nazar nai (Congress ki)

Bol change kartay hai "Bachke rehna re baba bach ke rehna re (Corruption karne wale).... tujh pe nazar nai (Arvind Kejriwal ki)"

The fall if aggravates should be over near 5676 levels.

Once again Happy Weekend and Happy Diwali to all the traders and investors community and Let us hope that we all enjoy a Prosperous New Year

Bye

 

[kthakker0]

09/11/2012 Friday

Hi all.

I am expecting to see the high of about 5939 between 20/11/2012 - 30/11/2012

Lets see kitna such aur kitna....


Bye

 

[kthakker0]

12/11/2012 Monday

Hi all,

NF not breaking Friday's low of 5702.6 is a small signal that bulls are gathering strength.

Going for higher levels is still valid as long as 5700 is held.

If NF breaks 5700 then go for 5685-5665

Bye

 

[philosuffer]

When the markets open on Thursday, I am expecting them to tank. Overall market directions seems bearish at the moment.

 

[Bewinner]

Thakker...
where r u? not a single post!!!!

 

[timepass]

Thakker...
where r u? not a single post!!!!

Festival time !!

 

[kthakker0]

16/11/2012 Friday

Hi all,

I hope you all have enjoyed a wonderful Diwali.

Lets make this year a Prosperous one for ourselves and strive for the betterment of our Society in which ever way we all can.

The fall which we saw today was a fitting reply to Congress as it has been spelled in the most clear terms by RBI that "Don't Angry Me" filhaal, dhoti sambhal teri udee chali jaye ray....

It seems that Congress is hell bent in fighting with every non-corrupt and righteous citizens of India and they are not even ashamed to insult them (Anna, Arvind and now its RBI governor) or the org (CAG, RBI), just like what Sibal said after the failed 2G auction, and Chiddu said when interest rates were not cut as per his liking / orders.

Perhaps Congress will use all possible means to destroy the remaining Financial Fabric of India so that it will be very difficult for the winning party to function the gov properly.

Then the best reply from the winning party should be, instead of running the gov smoothly, they can take a prudent steps to go after the black money and punish the offenders. This would be the most fitting answer to all corrupt official and pvt business groups / owners etc.

Giving constitutional status to CBI, CVC will be the most thankful steps that the winning party / gov should take as these steps will make sure that India not only grows but sprints in every sphere.


Back to Business
NF closing below 5626 is not good for now.

The fall should end between 5540-5510 and should lay the foundation for Wave 5 whose target is 6100.

Closing below 5500 should see lows near 5468 (A Strong Support). But this will be very negative for the market and can be taken as the first early signal for Early General Elections and perhaps the spillover could be seen as muted Budget and this will be an ideal situation to forget 6100 for some pretty long time

There are two ranges for Monday's depending on sentiments prevailing then.
5664-5586 NF trading in this range should go for 5635
5586-5510 NF trading in this range should go for 5548

The Ship known as India is shaking right now and could perhaps shake more, during this time rats are / will be the first one to lead the way out. If you follow the rats then you will always land in some gutter.

Believe in India and its growth story and we will see India conquering greater heights in all areas of trade, commerce, manufacturing, hospitality, while commanding respect from world leaders and regaining our lost glory (Which is lost due to incompetent Congress)

Again time to say enjoy the weekend.

Bye